Punta Gorda, FL
Florida was hit hard by the housing crisis but things are starting to turn around in certain areas. Home values in Punta Gorda were up over 3 percent from last quarter. In Punta Gorda, 36 percent of all listings in March had a price cut (median price was almost 8 percent).
16405 Pyreness Ln, Punta Gorda, FL 33955
Home for sale: $259,000
Price cut: $30,900 (May 18)
This 3-bed, 2-bath home has 2,686-sq ft of space in the deed restricted community of Burnt Store Lakes, which offers access to a marina, plus golf and restaurants. Features include pool and spa and views of abundant wildlife from second-floor master balcony.